GOOD NEWS FOR INDIA - TEXAS INC (EIN 464463056) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

GEORGE CHAVANIKAMANNIL

Phone

9093769579

Tax Period

2024-01-01 to 2024-12-31

GOOD NEWS FOR INDIA - TEXAS INC, founded in 2014, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $2.2M left a modest 7% surplus.

Mission

TO TRAIN, SEND, AND SUPPORT NATIONAL CHRISTIAN LEADERS TO STRENGTHEN THE CHRISTIAN CHURCH IN INDIA. TO PROVIDE PRIMARY & SECONDARY EDUCATION TO POOR & NEEDY CHILDREN, AND ASSIST POOR WOMEN TO IMPROVE THEIR LIVES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,072,518

Program Service Revenue $0

Investment Income $251,640

Other Revenue $0

TOTAL REVENUE $2,324,158

Expense Breakdown

Grants Paid $1,989,787

Salaries & Benefits $60,000

Fundraising Expenses $19,676

Program Expenses $2,128,138

Other Expenses $120,072

TOTAL EXPENSES $2,169,859

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,324,158	$2,576,705	-0.1%
Expenses	$2,169,859	$1,836,781	+0.2%
Net Income	$154,299	$739,924	-0.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE CHAVANIKAMANNIL	PRESIDENT	40.00	Officer Director	$37,874	$22,126	$60,000
DR TIMOTHY TENNENT	VICE-PRESIDE	5.00	Officer Director	$0	$0	$0
LEE S JOHNSON	SECRETARY	5.00	Officer Director	$0	$0	$0
LEELA CHAVANIKAMANNIL	TREASURER	40.00	Officer Director	$0	$0	$0
MIKE HOOPER	DIRECTOR	5.00	Director	$0	$0	$0
STEVE WOODWORTH	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,324,158	$2,169,859	$8,465,004	$154,299
2023	$2,576,705	$1,836,781	$8,256,614	$739,924
2022	$1,419,884	$1,568,077	$7,209,877	$-148,193
2021	$4,510,463	$1,925,450	$8,035,800	$2,585,013
2020	$3,058,328	$1,639,708	$5,448,106	$1,418,620
2019	$2,164,675	$1,873,857	$3,991,081	$290,818
2018	$1,854,188	$1,612,261	$3,700,263	$241,927

GOOD NEWS FOR INDIA - TEXAS INC